Get started

Dyor

Ncash: shitcoin!So a few days ago Ncash (Nucleus Vision) got listed on Binance and I got pretty excited: very low marketcap, pretty cool proposition (bringing big data and real time customer insights to brick and mortar stores) and listed on a great exchange.. But then I started doing some research: - First stopping point: Github... hmm hardly any activity - Ok let's check uit their lead developer: hmm nothing on his connected LinkedIn page (like 15 connections), seems to have a company that develops Android Apps. - But wait they have Tim Draper (Crypto legend) among their investors, actually they use Drapers name a lot in communication (for instante on bitcointalk), even claim there is going to be a video of Tim endorsing Ncash.. But no matter how hard I google and search the net I can't find a single hit where Draper mentions Ncash.. it is allways the other way around - Now it gets interesting Nucleus Vision (Ncash) is not new.. the project has had a predecessor called Bell Boi, they claimed to have been live in 1000 brick and mortar stores.. Nucleus says the only have 10 live stores.. hmmm from 1000 to 10, what went wrong the first time?? - OK so 10 stores, which are they, where can I check them out.. can not find any storenames, or addresses, it seems they are located somewhere in India. I can go on.. about how they never respond to questions about how their customerrecognition sensor actually works.. etc, etc.. But you should get the picture by now.. would you invest? I would not! Sure the coin can and probably will pump at some point, especially since it is only listed on 1 exchange, but my guess is it will dump even harder afterwards. For a technical note well not to much to say about the graph, the listing has only been up for a few days, but it is clear Ncash is currently in a downtrend..
NShort
by Crypto_Keiser
4
A nice bounce that needs time to confirmMy thoughts on LTC (not fin. advice, please I'm a noob don't listen to me and DYOR) are the following: A few interesting things have happened. First, the RSI daily reached oversold conditions below 30 yesterday, which was the first time since Dec 2016. It was short lived, and we saw a good bounce. My hope is that this isn't just an oversold bounce on the daily time frame, with bearish continuation. We need to see more signs of reversal, which is when I usually turn to bluntly obvious upward price action shooting at the moon and new ATHs, or Magic Poop Cannon. ;D I am optimistic about the near future however. Lots of new investors (and especially new to crypto willing to take the plunge) have been watching this bear action over the last month and have a few extra Ben Franklins earned in January waiting for less red and more green to buy in. Sadly, many probably don't know they should buy red and sell green, but at least it could help reverse the markets. Second, we do have some light shining on a potential bullish MACd cross on the daily time frame. LTC has had the most significant bounce of all crypto in the last 24 hours, LTCBTC looks especially great I might add. This 30%+ bounce might tell people where it's really at (I'm a biased LTC supporter/fan, but still that's something to consider) and more people might start buying it. So LTC has a lot going for it, I hope it can keep up its momentum and hold at these levels. Last thing I want to point out is that LTC has gotten back to the previous support level (lower red line) before dropping through and crashing. Maybe a few of you experts out there can tell me if that's significant or not (meaning, breaking through a support level and returning to it), but I think it is. It may not apply however, I simply don't know. Congrats to investors who bought the dip and are sitting on a fat profit! May the tides be ever in your favor. I myself benefited a little bit from the dip, but I was conservative in where I placed my buys still. Hope this might shed some light on new ideas that you might not have considered before. I'm really excited to see Feb. growth, and the the season of return of the taxes!!! Bye yall. See you on the moon.
COINBASE:LTCUSD
by jbutler7
1